DislikedA lot of resistence to the up side on this trade. But the trade risk is only about 14 pips (gotta love it). One truth in trading : No One Knows Where Price May Go.Ignored
I am in that one as well....same price
It's me...
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DislikedA lot of resistence to the up side on this trade. But the trade risk is only about 14 pips (gotta love it). One truth in trading : No One Knows Where Price May Go.Ignored
DislikedHello again,
....what do you think about USD/CHF. This morning i missed the IB - and was happy about a couple of moments later - but now it seems to be a good long setup to take the former IB, because of that bullish candle appearing now.
Or would it be a wrong signal?
Regards, mantoIgnored
DislikedThe Yen seems to be holding support at the Pivot so a breakout to the upside looks promising.Ignored
DislikedI'm long the USDJPY on the breakout - as Jaroo mentioned it is counter trend so I set very conservative breakeven stops and I'm now riding free with a bit of loot in the bank. I suspect the price will stall at R1 around 107.73 depending on your price feed. This is great fun - I just love it!Ignored
Dislikedthanks jaroo
i am in at 43 and was aiming for a target just around the 90 level.....hoping a retest of that level if we can get through 107.76.
cheersIgnored
Dislikedyes i am grabbing those pips ha ha .......it is because i have to pop out for an hour in 30 mins so prefer to close the tradeIgnored
DislikedNothing wrong with that Kim. lol.
But I would hate to see it fly away on you. You may want to let a small position ride until it stops out or maybe it never gets stopped out.
This is where the real money is made.
Maybe the next one we'll let it ride. Deal?
You too AgentFx.Ignored
DislikedNothing wrong with that Kim. lol.
But I would hate to see it fly away on you. You may want to let a small position ride until it stops out or maybe it never gets stopped out.
This is where the real money is made.
Maybe the next one we'll let it ride. Deal?
You too AgentFx.Ignored
DislikedIt's really great to have you back again Jarroo. You are a great source for inspiration!Ignored
DislikedHello again,
....what do you think about USD/CHF. This morning i missed the IB - and was happy about a couple of moments later - but now it seems to be a good long setup to take the former IB, because of that bullish candle appearing now.
Or would it be a wrong signal?
Regards, mantoIgnored
DislikedThanks NAL.
Glad to be back. Still sorting out a few things to hit the Open(s).
I'm loving your posts buddy. I have a NowAndLater file with your posts that I read often. Keep up the Great work.
JimIgnored
DislikedI'm not sure about which IB you're talking about here. On my charts I had 2 IB's, 0300GMT and 0500GMT at the green arrows. And both of them have played out since there has been a considerable move after these IB's, so to me they are not valid anymore when price comes back to them again.
IB's are indecision areas, afterwhich we might get a direction. If there's no immediate move after the IB, then it can still be played like the trade on UJ 2 hours back. There you can see that the IB (green arrow) was broken down but just a little and then came the move up. If the break down was bigger than that I would have passed on that trade.Ignored
DislikedThank you very much for your help, jarroo and NaL ...it helps really.
In USD/CHF i asked for the GMT 05.00. And sure you are right, NaL, we talked about that some time ago, that this IB was not realy valid anymore - time and movement did "cancel" it. But there was the large bullish candle at 06.00 and so i took the trade and i am still in, waiting for a free trade.
In USD/JPY i missed the first IB, so i took the second at 1.0758 and still in, now with a free trade.
I love DIBs, so i took the USD/CAD this morning too, still in, 15 Pips ahead.
All the trades are risky because of the restistances, but looking to the higher TF or the small stops, it seemed to me, i could take the risk.
Thanks again for your support, i wished, i could help you as much as you help me...
regards, MichaelIgnored